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CCSC Technology International Holdings Limited Reports Financial Results for the First Six Months of Fiscal Year 2025 Ended September 30, 2024Unai Emery feels confidence returning after Aston Villa end winless run
ALBANY, N.Y. -- New York state government agencies will have to conduct reviews and publish reports that detail how they're using artificial intelligence software, under a new law signed by Gov. Kathy Hochul. Hochul, a Democrat, signed the bill last week after it was passed by state lawmakers earlier this year. The law requires state agencies to perform assessments of any software that uses algorithms, computational models or AI techniques, and then submit those reviews to the governor and top legislative leaders along with posting them online. It also bars the use of AI in certain situations, such as an automated decision on whether someone receives unemployment benefits or child care assistance, unless the system is being consistently monitored by a human. State workers would also be shielded from having their hours or job duties limited because of AI under the law. State Sen. Kristen Gonzalez, a Democrat who sponsored the bill, called the law an important step in setting up some guardrails in how the emerging technology is used in state government.Sheridan College says it's putting 40 programs on hold and laying off staff as it faces a dramatic drop in enrolment. The college estimates that it will have about 30 per cent fewer students next year, resulting in a $112-million drop in revenue, according to a statement from its president, Janet Morrison. An additional 27 programs will under go an "efficiency review," Morrison said. "These changes are required for Sheridan to remain a financially sustainable and vibrant community in response to chronic underfunding, changing government policies, and social, technological, and economic disruption," Morrison said. "Sheridan will look different, but our commitment to learning, discovery and engagement remains the same." Canada's post-secondary industry predicts a storm ahead, as budget cuts shrink courses, staff Seneca Polytechnic to close Markham campus citing 'dramatic drop' in number of international students The programs being suspended include 13 in the faculty of applied science and technology, 13 business programs, six in the faculty of animation, arts and design, five in the faculty of applied health and community studies and three in humanities and social sciences. Students who are currently enrolled in these programs will still be able to graduate, the college's website says. Sheridan College is the latest school to face financial challenges after the federal government announced a cap on study permits for international post-secondary students. The government has said the cap is meant to reduce the number of new student visas by more than a third this year. The government said it would approve approximately 360,000 undergraduate study permits for 2024 — a 35 per cent reduction from 2023. Ontario colleges to face biggest hit from foreign student cap In September, the Liberal government said it would further slash the number of international student permits it issues by 10 per cent. Deciding how to divvy up the allocation of permits among post-secondary institutions is up to the provincial government, which announced in March that colleges would face the biggest drop in their international student numbers. The Ford government's 2024 budget revealed that Ontario's colleges will lose out on $3.1 billion in revenue over the next two years from the expected drop in international student enrolment. Morrison's statement doesn't blame the international student cap directly, but a backgrounder posted on the college's website does point to "shrinking domestic enrolment" and "dramatic shifts in government policy" as factors. Dayna Smockum, a spokesperson for Ontario's Ministry of Colleges and Universities, said the province will continue to support the post-secondary sector to ensure students can get good paying, in-demand jobs once they graduate. She pointed out that in February, the government announced a $1.3-billion boost to post-secondary funding spread out over the next three years However, she said staffing decisions and human resource matters "lie solely with the institutions."
Ally Langdon confronts Commonwealth Bank boss By HARRISON CHRISTIAN FOR DAILY MAIL AUSTRALIA Published: 21:42 GMT, 3 December 2024 | Updated: 21:51 GMT, 3 December 2024 e-mail 8 shares 48 View comments Ally Langdon has unleashed on an executive from Australia's biggest bank after it slapped a $3 fee on customers for withdrawing their own cash. Commonwealth Bank customers got a rude shock on Monday when the bank announced it was closing its 'Complete Access Account' and changing them to 'Smart Access Accounts,' which have a $3 fee tacked onto every withdrawal from a branch, a post office or phone. Angus Sullivan, the executive of the bank's retail banking services, tried to defend the new charge on Tuesday night under a grilling from Langdon on A Current Affair. 'It doesn't sit well with families who are struggling as our banks make billions,' she said. 'What a way to say Merry Christmas and thank you for your loyalty.' But Mr Sullivan hit back that the new fee was a 'very modest cost'. 'The reality is that handling cash is expensive,' he said - despite the bank's almost $10billion profit this year. He also insisted that the change was only 'relevant to about 10 per cent of CBA's customer base'. Angus Sullivan insisted the fee would only affect about 10 per cent of CommBank's customers 'What a way to say Merry Christmas and thank you for your loyalty,' quipped Ally Langdon 'And for our Complete Access customers, approximately 90 per cent of them will be either better off, or have a neutral outcome.' Customers who were on government concessions were excluded from the changes, Mr Sullivan said. There were also free options for people who wanted to avoid the fee, including ATMs and deposit ATMS. Langdon was not satisfied with the executive's answers, and said banks could do more to help Australians in the midst of a cost-of-living crisis. 'I don't know if the majority of Australians feel the same way that their bank is supporting them,' she said. 'You know what would be welcomed? An interest rate cut. That would get you off the naughty list.' Mr Sullivan laughed off the suggestion. 'That's not in my purview to make happen,' he said. 'But I appreciate customers are doing it tough at the moment. I certainly hope that we can explain these changes in a way that makes our customers feel that we have put them in our mind.' Aussies unleashed about the interview on social media. 'What a pathetic response from this spokesperson for CBA,' one said. 'Just be up front and honest. It about profits and high level management bonuses. You treat people like d*ck heads. Actually have some respect for your customers.' Another customer said they would be closing their account following the introduction of the fee. 'Commonwealth Bank I will be closing my 35 year account with you tomorrow and withdrawing the $365,000 IN CASH,' they said. 'Take your money elsewhere, money does the talking when it comes to banks,' urged another viewer. Meanwhile, Anthony Albanese 's government has urged the Commonwealth Bank to reconsider the fee. Housing Minister Clare O'Neil slammed the decision, and called on the bank to reconsider. 'It doesn't seem fair or appropriate and this is a huge bank making huge profits. Come on, guys. It's Christmas. We don't need this right now,' O'Neil told Nat Barr's Sunrise show. In defence of the new fee, Angus Sullivan told Ally Langdon that handling cash was 'expensive' Read More BREAKING NEWS Anthony Albanese's government issues a tough reality check to Commonwealth Bank after new cash fee 'This is not something the bank should be doing and we're asking them to reconsider.' Rural Queensland MP Bob Katter has also spoken out about the fee. He called it an 'act of defiance and contempt for the people of Australia,' in an interview with Channel 10's The Project. Commonwealth Bank told Daily Mail Australia on Tuesday it 'continues to offer customers free cash withdrawals from our national ATM network'. 'The monthly account fee for the Smart Access account is currently $2 less than the Complete Access account and both accounts offer similar features,' the spokesperson said. Smart Access, the bank's main transaction account, already had a $3 assisted withdrawal fee before Monday's announcement. Customers affected by the transition will have to pay the new fee from January 6. Commonwealth Bank Share or comment on this article: Ally Langdon confronts Commonwealth Bank boss e-mail 8 shares Add comment
CCSC Technology International Holdings Limited Reports Financial Results for the First Six Months of Fiscal Year 2025 Ended September 30, 2024
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